Commercial vehicle manufacturer posts net profit of Rs 66.96 crore for quarter ended June 30, up from Rs 46.39 crore in same period last year.
22 Jul 2025 | 1253 Views | By Angitha Suresh
SML Isuzu Limited announced its unaudited financial results for the first quarter ended June 30, 2025, reporting a net profit of Rs 66.96 crore compared to Rs 46.39 crore in the corresponding quarter of the previous year, marking a 44% increase.
The company's revenue from operations rose to Rs ...
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SML Isuzu Limited announced its unaudited financial results for the first quarter ended June 30, 2025, reporting a net profit of Rs 66.96 crore compared to Rs 46.39 crore in the corresponding quarter of the previous year, marking a 44% increase.
The company's revenue from operations rose to Rs 845.89 crore in Q1 FY26, up from Rs 746.01 crore in Q1 FY25, representing a 13% growth. Total income for the quarter reached Rs 847.95 crore against Rs 747.26 crore in the same period last year.
The Board of Directors approved these results during their meeting held on July 22, 2025, in Chandigarh. The meeting commenced at 11:30 AM and concluded at 12:50 PM.
SML Isuzu's improved profitability came despite higher total expenses, which increased to Rs 758.40 crore from Rs 685.30 crore in the previous year's first quarter. The company's cost of materials consumed rose to Rs 570.32 crore compared to Rs 483.12 crore in Q1 FY25.
The earnings per share for the quarter stood at Rs 46.27, significantly higher than Rs 32.06 recorded in the same quarter last year. The company maintains a paid-up equity share capital of Rs 14.48 crore with a face value of Rs 10 per share.
SML Isuzu Limited operates primarily in the commercial vehicle manufacturing sector, producing trucks, buses, and related components. The company is registered in Punjab with its headquarters in Village Asron, District Shahid Bhagat Singh Nagar.
The financial results come amid ongoing corporate developments. In April 2025, Sumitomo Corporation of Japan and Isuzu Motors Limited entered into share purchase agreements with Mahindra & Mahindra Limited to sell their combined stake of 58.96% in SML Isuzu at Rs 650 per share.
Following this transaction, Mahindra & Mahindra announced an open offer in May 2025 to acquire an additional 26% stake from public shareholders at Rs 1,554.60 per share. The Competition Commission of India granted unconditional approval for this acquisition on June 17, 2025.
The company addressed concerns regarding anonymous complaints about employee financial dealings with dealers, stating that an external expert review and subsequent investigation by a sub-committee of independent directors found no substantiated evidence of financial impropriety or fraud.
SML Isuzu's stock trades on both the Bombay Stock Exchange under scrip code 505192 and the National Stock Exchange under the symbol SMLISUZU. The company has uploaded its detailed financial results and auditor's limited review report on its website at smlisuzu.com.